STOCK TITAN

[Form 4] M&T BANK CORP Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

M&T Bank Corporation Vice Chairman Kevin J. Pearson reported an open-market sale of 2,000 shares of common stock at $220.00 per share. After this sale, he directly holds 46,107 common shares. The transaction was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2026.

Pearson also has indirect holdings. A 401(k) plan holds 3,493 common shares for his benefit, and a supplemental 401(k) plan account holds 3,783 phantom common stock units that track the value of an equal number of M&T Bank common shares and are payable in cash.

Positive

  • None.

Negative

  • None.

Insights

Pre-planned sale of a small portion of holdings looks routine.

Vice Chairman Kevin J. Pearson sold 2,000 M&T Bank common shares at $220.00 per share in an open-market transaction. He continues to hold 46,107 shares directly, plus additional exposure through 401(k) and phantom unit plans.

The sale was executed automatically under a Rule 10b5-1 trading plan adopted on March 5, 2026, which suggests the timing was pre-scheduled rather than opportunistic. Given the remaining share balance and ongoing plan-based holdings, this filing appears to reflect routine portfolio management rather than a major change in insider sentiment.

Insider PEARSON KEVIN J
Role Vice Chairman
Sold 2,000 shs ($440K)
Type Security Shares Price Value
Sale Common Stock 2,000 $220.00 $440K
holding Phantom Common Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 46,107 shares (Direct, null); Phantom Common Stock Units — 3,783 shares (Indirect, By Supplemental 401(k) Plan); Common Stock — 3,493 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026. The information presented is as of March 31, 2026. The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
Shares sold 2,000 shares Open-market sale on June 4, 2026
Sale price $220.00 per share Common Stock transaction
Direct holdings after sale 46,107 shares Common Stock held directly following transaction
401(k) plan holdings 3,493 shares Common Stock held indirectly by 401(k) Plan
Phantom units balance 3,783 units Phantom Common Stock Units in supplemental 401(k) plan
Sale value $440,000 2,000 shares sold at $220.00 per share
Rule 10b5-1 trading plan regulatory
"The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Phantom Common Stock Units financial
"The reported phantom common stock units are held by the reporting person in a plan account"
Supplemental 401(k) Plan financial
"Phantom Common Stock Units, nature_of_ownership: By Supplemental 401(k) Plan"
Leadership Retirement Savings Plan financial
"maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PEARSON KEVIN J

(Last)(First)(Middle)
ONE LIGHT STREET

(Street)
BALTIMORE MARYLAND 21202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
M&T BANK CORP [ MTB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026S(1)2,000D$22046,107D
Common Stock3,493IBy 401(k) Plan(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Common Stock Units(3) (3) (3)Common Stock3,7833,783IBy Supplemental 401(k) Plan(2)
Explanation of Responses:
1. The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
2. The information presented is as of March 31, 2026.
3. The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
Remarks:
By: Stephen T. Wilson (Attorney-In-Fact)06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did M&T Bank (MTB) report for Kevin J. Pearson?

M&T Bank Vice Chairman Kevin J. Pearson reported selling 2,000 shares of common stock at $220.00 per share. This was an open-market transaction and he still directly holds 46,107 M&T Bank shares afterward, plus additional indirect and phantom unit interests.

Was Kevin J. Pearson’s M&T Bank (MTB) share sale pre-planned?

Yes. The filing states the sale occurred automatically under a Rule 10b5-1 trading plan adopted on March 5, 2026. Such plans pre-schedule trades, indicating the timing was set in advance rather than based on short-term market movements.

How many M&T Bank (MTB) shares does Kevin J. Pearson hold after the sale?

After selling 2,000 common shares, Kevin J. Pearson directly holds 46,107 M&T Bank common shares. He also has indirect exposure through 3,493 shares in a 401(k) plan and 3,783 phantom common stock units linked to M&T Bank stock value.

What are the phantom common stock units reported for M&T Bank (MTB)?

The phantom common stock units are held in a supplemental 401(k) plan and mirror 3,783 M&T Bank common shares. They are payable in cash under the plan’s terms and include units accumulated through dividend reinvestment within the plan account.

How large is Kevin J. Pearson’s recent M&T Bank (MTB) stock sale in dollar terms?

Kevin J. Pearson sold 2,000 M&T Bank common shares at $220.00 per share, totaling approximately $440,000. Despite this transaction, he continues to hold a sizable direct position of 46,107 shares, plus additional plan-based interests tied to the stock.